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Jan 23, 2013
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they're concerned about these huge deficits and debt. that's an argument that maybe republicans can get some traction on. i thought this was a good day for john boehner who has had a lot of bad days in leading the house. this was a crase where they had a retreat last weekend. people who were there said it was a very som bell retreat and they agreed to back the speaker. that wouldn't seem remarkable except in the past sometimes they have not been willing to do that. >> ifill: here's i guess the big question, when they say they want to reach across the aisle, when they say they want to talk to democrats, they want to engage, is that real? and is it even necessary? >> well, i think-- i think they want to engage as a way-- as part of the process of achieving their ends. you know, this day andig, everybody says "let's sit and talk." at the end of the day, wield talk and you agree with me and move on to the next subject and you can agree with me as well. that's the way both parties operate. i think the democrats did it much better the last yea
they're concerned about these huge deficits and debt. that's an argument that maybe republicans can get some traction on. i thought this was a good day for john boehner who has had a lot of bad days in leading the house. this was a crase where they had a retreat last weekend. people who were there said it was a very som bell retreat and they agreed to back the speaker. that wouldn't seem remarkable except in the past sometimes they have not been willing to do that. >> ifill: here's i...
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Jan 24, 2013
01/13
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we need a -- $ trillion deficit. we need a -- $1 trillion deficit. we need a serious plan to address the deficit, however, the senate has gone nearly four years without passing an annual budget. taking a year by year approach and addressing only discretionary spending will not solve our long-term spending problem. we must take a comprehensive long-term approach to the federal budget, a comprehensive approach to spending must address the long-term solvency issues on entitlements such as medicare, medicaid and social security. without reform, spending will remain on an unsustainable path while the medicare and social security trust funds are emptied before the majority of americans currently are paying in even qualified to become beneficiaries of those programs. today's legislation will allow us to work with the senate in achieving this long-term deficit solution we know would meet the needs of americans. thank you. i yield back. the speaker pro tempore: the gentleman's time has expired. the gentleman from michigan. mr. levin: i yield one minute to the
we need a -- $ trillion deficit. we need a -- $1 trillion deficit. we need a serious plan to address the deficit, however, the senate has gone nearly four years without passing an annual budget. taking a year by year approach and addressing only discretionary spending will not solve our long-term spending problem. we must take a comprehensive long-term approach to the federal budget, a comprehensive approach to spending must address the long-term solvency issues on entitlements such as...
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Jan 23, 2013
01/13
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and reduce our deficit. then he went on to say on february 15 at the budget committee hearing -- quote -- "-- i think this was my question, was this accurate statement that you made, mr. mr. onchltd m.b. director. he said "it's an accurate statement that our current spending will not increase the debt. we've stopped spending money we don't have." i mean i almost can't read those words without the hair standing up on the back of my neck. the director of the office of management and budget appeared before the united states senate budget committee and he said it's an accurate statement, this, baloney, is an accurate statement that our current spending will not be increasing the debt, we've stopped spending money we don't have. nothing could be further -- the lowest single deficit was $600 billion. what about on a different cnn interview on february 14, -- quote -- "it, the budget, takes real actions now so that between now and five years from now we can get our deficit under control so that we can stabilize thi
and reduce our deficit. then he went on to say on february 15 at the budget committee hearing -- quote -- "-- i think this was my question, was this accurate statement that you made, mr. mr. onchltd m.b. director. he said "it's an accurate statement that our current spending will not increase the debt. we've stopped spending money we don't have." i mean i almost can't read those words without the hair standing up on the back of my neck. the director of the office of management...
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Jan 23, 2013
01/13
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, why didn't the president mention the deficit in the inauguration? >> he talked about it. >> hal: that's what i mean. >> did he say the word "deficit"? >> hal: i believe so. >> talked about spending. >> hal: yes. regardless, the republicans house republicans have been spending -- they've spent $3 million defending the defense of marriage act. >> yes. >> hal: the bill that guarantees the federal government will not protect the rights of gays to get married and basically move from state to state. if you get married in massachusetts and you want to move to arkansas, they don't have to recognize it if they don't want to. that took legislative priority. that was important enough -- they couldn't move on s-chip legislation in a couple of sessions but they could really -- you know -- >> hone in on this. >> hal: hone in on this. they have paid a lawyer, paul clement, $520 an hour according to think progress, to defend it in court. and his reasoning as to why it should not be seen before the supreme court and why it should not -- it should stand and never be
, why didn't the president mention the deficit in the inauguration? >> he talked about it. >> hal: that's what i mean. >> did he say the word "deficit"? >> hal: i believe so. >> talked about spending. >> hal: yes. regardless, the republicans house republicans have been spending -- they've spent $3 million defending the defense of marriage act. >> yes. >> hal: the bill that guarantees the federal government will not protect the rights of...
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Jan 23, 2013
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it's not about increasing the deficit. the debt limit is simply the way congress pays for things that we have already bought. things like the wars in iraq and afghanistan. by the way, my friends on the other side continue to insist we don't pay for, just goes on our credit card. things like the medicare prescription drug benefit that was not paid for that my friends on the other side of the aisle championed. things that the republicans have voted for over and over and over again. we can and we should have an open and thoughtful debate on our spending priorities and our deficit. that is what we're supposed to do, but playing games with the debt limit, threatening to default should not be an option. but that's just the way -- but that's just what the bill before us does. it once again kicks the can down the road. instead of passing a clean long-term debt ceiling bill, one that could ensure that america doesn't default on its debt and obligations, the republicans have chosen to bring a bill that -- up that would put us right
it's not about increasing the deficit. the debt limit is simply the way congress pays for things that we have already bought. things like the wars in iraq and afghanistan. by the way, my friends on the other side continue to insist we don't pay for, just goes on our credit card. things like the medicare prescription drug benefit that was not paid for that my friends on the other side of the aisle championed. things that the republicans have voted for over and over and over again. we can and we...
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Jan 23, 2013
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where was the deficit? where was the unemployment? where was the issue of poverty in america, which is increased under his watch? where is the hopelessness? >> yeah, where was the hopelessness? that's what the american public wants! i mean, have we -- have we forgotten fdr's famous inaugural, when he proclaimed, "the only thing we have to fear is fear itself." and also a second depression, rampant starvation, and my gut's telling me that europe's a tenderbox. ahh, what's the point? we're all doomed! i can't walk! i can't walk! >> welcome back to "morning joe." it is 24 past the hour. joining the table here in washington, associate editor and columnist for "the washington post," david ignatius, political commentator for abc news and contributor to npr, cokie roberts, and the chairman of the mississippi republican party, joe nassef. michael steele still with us as well. okay. a lot to talk about. you did not like the president's inaugural speech. we're going to get there. i'm going to read a portion of what you wrote. it's just stinging
where was the deficit? where was the unemployment? where was the issue of poverty in america, which is increased under his watch? where is the hopelessness? >> yeah, where was the hopelessness? that's what the american public wants! i mean, have we -- have we forgotten fdr's famous inaugural, when he proclaimed, "the only thing we have to fear is fear itself." and also a second depression, rampant starvation, and my gut's telling me that europe's a tenderbox. ahh, what's the...
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Jan 23, 2013
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we had exploding deficits, international intervention that we're still paying a price for. and of course, wall street running wild. and now this president gathers the economy and what he has done over the last 35 months of private sector job growth. but was the president's speech proof positive that the mainstream in america is left of center? >> i think we've seen the left center emerge over the last years, ed, but too often the media doesn't pay attention to it. survey after survey shows americans want to see defense cut instead of social programs. they want to see higher taxes on the very rich as opposed to cuts in social programs. that majority, that view has been there. and i think president obama, with the wind at his back of a rising american majority, of a new coalition in this country has seized that energy and is moving with it and understands in the speech he spoke of we, we the citizens invoking the greatest documents of our founding, saying you must participate in order to do that. but here is one thing, ed. you know, this country has been confronted with the p
we had exploding deficits, international intervention that we're still paying a price for. and of course, wall street running wild. and now this president gathers the economy and what he has done over the last 35 months of private sector job growth. but was the president's speech proof positive that the mainstream in america is left of center? >> i think we've seen the left center emerge over the last years, ed, but too often the media doesn't pay attention to it. survey after survey...
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Jan 23, 2013
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we're running trillion dollar deficits. and for what would be the fifth straight year and the reality is s&p is downgraded us. they have sent the downgrade possibility sent notice. and we're still acting as if it's still 1995 or 2000 where we aren't running trillion dollar deficits. and but -- i hope it's not the case, but if in the meantime with all of these games as we move around the messaging and try to figure out resequencing and everything. if moon anies follows through the threat that america is not a credit rating -- worthy of aaa credit rating. that's the serious reality. you have the political reality and the economic real fip i hope it doesn't happen. i don't know how long question continue 0 to go on. i don't think we have ten years to actually somehow find a path to balance. i think we need move more quickly. but originally i was asked the question i think rob is there a 10-year balance budget proposal in there? i don't know the answer to that. i'm not for sure. we don't have the numbers from the cbo. i think o
we're running trillion dollar deficits. and for what would be the fifth straight year and the reality is s&p is downgraded us. they have sent the downgrade possibility sent notice. and we're still acting as if it's still 1995 or 2000 where we aren't running trillion dollar deficits. and but -- i hope it's not the case, but if in the meantime with all of these games as we move around the messaging and try to figure out resequencing and everything. if moon anies follows through the threat...
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Jan 23, 2013
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when we're spending our time here talking about the deficit stuff and raising the deficit we are simply saying to the world, for the first time america is not going pay its debts. my question to you, mr. johnson is this, if this was such a good idea, why haven't we done it before? we could have saved a lot of money by not paying our debts. why did we suddenly decide this the s the time to do it? give me the understanding so the american people can understand after all of these years under the first world war i voted under president bush, both of them to raise the debt limit. but now we're going to stop paying. please tell me why they're doing this? >> congressman, it's not a good idea and it was not the way policy was run. go back to 1789, after the restructuring of debt which alexander hamilton began fiscal government in this country. it took a long time to convince the world that the u.s. was the safest place to put your reserve assets or your rainy day money. it was a great achievement but now it is being thrown away for what i presume some negotiating purposes which makes no sense.
when we're spending our time here talking about the deficit stuff and raising the deficit we are simply saying to the world, for the first time america is not going pay its debts. my question to you, mr. johnson is this, if this was such a good idea, why haven't we done it before? we could have saved a lot of money by not paying our debts. why did we suddenly decide this the s the time to do it? give me the understanding so the american people can understand after all of these years under the...
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Jan 23, 2013
01/13
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he said we are going to keep the deficits and raise tax rates on the rich. campaign city, here we go. i don't think this is specific. it was broad in general and appealed to a lot of universal themes. anyone watching that team will know that it wasn't ideal logical speech. it was an important speech. the is agenda was laid out in the presidential campaign. he won that. the american people voted for that. here, he was laying out the not very specific things he was going to do. but a vision for the country. he was dividing the gop. i don't think the president can take credit for the ambivalence that exists within the republican party. i mean how do you see this? >> there is no question you can't deny that obama wants to end the reagan era. but the second point is, can obama split the republican party? to some extent he did on the fiscal cliff vote. he has a lot of issues like this. immigration and gun control. to mark's point. the president went out there and tested what he believes is his vision. this first term was about being a sen trist and now he is not h
he said we are going to keep the deficits and raise tax rates on the rich. campaign city, here we go. i don't think this is specific. it was broad in general and appealed to a lot of universal themes. anyone watching that team will know that it wasn't ideal logical speech. it was an important speech. the is agenda was laid out in the presidential campaign. he won that. the american people voted for that. here, he was laying out the not very specific things he was going to do. but a vision for...
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Jan 22, 2013
01/13
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but it is not about deficits and debt. it's about their discomfort with the programs themselves. >> and it's about dealing with the challenges right now. one of the most compelling parts of the speech as i sat there listening and watching is when he said with all of the arguments, we must act now. listen to this. >> progress does not compel us to settle centuries-long debates about the role of government for all time. but it does require us to act in our time. >> act in our time. and not just get in these long unending debates. martin luther king used to call it the paralysis of analysis. >> we may will be coming to the end of one. with medicare and social security and medicaid. what was so striking about the speech yesterday was that obama -- the lack of an olive branch to republicans that we've heard from him before. when you talk about the summer of 2011, he was talking openly about willing potentially to have a deal that included some modifications to medicare. there was talk of raising the medicare eligibility age wou
but it is not about deficits and debt. it's about their discomfort with the programs themselves. >> and it's about dealing with the challenges right now. one of the most compelling parts of the speech as i sat there listening and watching is when he said with all of the arguments, we must act now. listen to this. >> progress does not compel us to settle centuries-long debates about the role of government for all time. but it does require us to act in our time. >> act in our...
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Jan 22, 2013
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it has nothing to do with the deficit and suppressing that. it has everything to do with the integrity of americans' credit abroad and international people who depend on our form of fiscal government and integrity, and so he's talking apples and oranges. we have to deal with spending, but spending cuts doesn't necessarily mean that you're saving money. you can cut health care. you can cut education. you can cut supporting the military, and you can pay for that one way or the other, and that means more money. so just slashing across the board and recklessly saying we're spending too much money on these things, people on social security didn't cause this crisis. people on medicare didn't cause it. poor people are not responsible for the deficit we have today, and the records show that. so hurting them may make you feel good, but every republican has somebody, some memory of everybody in their family that was not well off, and i think the president is going to remind them of that. >> congressman charles rangel, as ever, thank you so much, sir. >>
it has nothing to do with the deficit and suppressing that. it has everything to do with the integrity of americans' credit abroad and international people who depend on our form of fiscal government and integrity, and so he's talking apples and oranges. we have to deal with spending, but spending cuts doesn't necessarily mean that you're saving money. you can cut health care. you can cut education. you can cut supporting the military, and you can pay for that one way or the other, and that...
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Jan 22, 2013
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you can't not tax your way out of our current deficit and debt. i was encouraged to hear that senator schumer and our colleagues in the senate are going to do something they are very unfamiliar with, which is actually to pass a budget. i will believe it when i see it. he says they're going to do it. that is important because when you have to put pen to paper and list your priorities it makes it easier to have the debate. when you're debating against a phrase like balanced approach, that's a challenge. but when you're debating against specific numbers, it gets a little easier. tracy: representative schakowsky, let's talk about this budget. the house of course calling no budget, no pay. look, you want to talk about the center and the american people. we have all had to create budgets over the last couple of years and had no choice but to live by them. we don't have printing presses at home. this notion that we don't have a budget right now, a little disheartening. you think we'll get one out of all this. >> the house passed a budget, the ryan budget
you can't not tax your way out of our current deficit and debt. i was encouraged to hear that senator schumer and our colleagues in the senate are going to do something they are very unfamiliar with, which is actually to pass a budget. i will believe it when i see it. he says they're going to do it. that is important because when you have to put pen to paper and list your priorities it makes it easier to have the debate. when you're debating against a phrase like balanced approach, that's a...
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Jan 22, 2013
01/13
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. >> reporter: and as the white house and republicans prepare to debate ways to cut the deficit, he was adam ant. >> we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. >> reporter: in his speech mr. obama called on the nation to respond to climate change an issue he's hardly mentioned in recent years and on the birthday of dr. martin luther king jr. he equated the struggle for gay rights with the struggle for civil rights. >> our journey is not complete until our gay brothers and sisters are treated like anyone else under the law. >> reporter: at the luncheon which followed a more bipartisan tone. speaker of the house john boehner presented the president with a gift and good wish. >> in the spirit of harmony i'm proud to present the flag that flew over this battalion of democracy today to president barack obama and vice president joe biden, and to you gentlemen i say, congratulations, and godspeed. >> reporter: the most poignant picture of the day was this the president going
. >> reporter: and as the white house and republicans prepare to debate ways to cut the deficit, he was adam ant. >> we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. >> reporter: in his speech mr. obama called on the nation to respond to climate change an issue he's hardly mentioned in recent years and on the birthday of dr. martin luther king jr. he equated the...
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Jan 22, 2013
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f >> we must make the choices to reduce the cost of health care and the size of our deficit. but we reject the belief america must choose between caring for the generation that built this country and investing in the generation that will build its futur future. >> the commits we make with medicare and social security, these things do not sap our nation, they strengthen us. they do not make us a nation of takers, they free us to take the risks that make this country great. >> wow, look at the crowd. this is a full bar the day after all the natural balls. i'm not sure what's going on here. that was president obama yesterday using his second natural address to preview his aggressive agenda with a focus on immigration reform, gay rights and climate control. organizers estimate as many as 1 million people filled the national mall. as the commander in chief exited the stage, he paused to savor the moment. the tradition of natural balls continued into the night. they attended 10 natural balls last night that went quite late and the first lady holding just two, the lowest since the e
f >> we must make the choices to reduce the cost of health care and the size of our deficit. but we reject the belief america must choose between caring for the generation that built this country and investing in the generation that will build its futur future. >> the commits we make with medicare and social security, these things do not sap our nation, they strengthen us. they do not make us a nation of takers, they free us to take the risks that make this country great. >>...
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Jan 22, 2013
01/13
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and to really care about deficit reduction. no he said social security, medicare income inequality, gay rights environmentalism, everything. >> bill: i think he even used the phrase, didn't he, income inequality. >> he didn't use the phrase but he made it very clear. he used an interesting phrase. he said america can't thrive when -- i can't remember precisely. the shrinking few. taking all of the money. >> bill: right. the one line i think -- so his general theme was the constitution says we are all created equal and we all as americans, right. our liberal mission is to make sure -- to make the bridge between that dream and today's reality. and we have to do so in many different -- that's why he -- he basically said if you believe in the constitution, you have to support gay rights today right? if you believe in the constitution, you have to support social security and medicare and medicaid and helping the disadvantaged and if you believe in the constitution, you have to be part of the effort to erase poverty in this country.
and to really care about deficit reduction. no he said social security, medicare income inequality, gay rights environmentalism, everything. >> bill: i think he even used the phrase, didn't he, income inequality. >> he didn't use the phrase but he made it very clear. he used an interesting phrase. he said america can't thrive when -- i can't remember precisely. the shrinking few. taking all of the money. >> bill: right. the one line i think -- so his general theme was the...
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Jan 22, 2013
01/13
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to have a legacy piece, if it is going to get the legislation that gets through, it will have to be deficits. nixon in china. who can reform entitlements but a democratic president? he is starting where he is. he is starting with the bases. he is not a progressive parading as a centrist. he is doubling down as a progressive. that is where he is. if he is going on move to the center, maybe that happens later. he won't pretend to be at the center from the start. >> part of the reason he doesn't have to do what they would have preferred him do, make the case about the economy is because he is a person who fixed the economy. it was the republican party unfortunately, their stewardship that led to the crash. he saved us from the great depression. i don't think he has to give a speech about how much he cares about the economy. he fixed it. he saved it. now he's saying we're going to keep doing that. let's make sure it includes everybody. that's liberty and justice for all. >> i'll get you a banner that says mission accomplished. you can hang that up there. >> i've got an old one. >> margaret hoove
to have a legacy piece, if it is going to get the legislation that gets through, it will have to be deficits. nixon in china. who can reform entitlements but a democratic president? he is starting where he is. he is starting with the bases. he is not a progressive parading as a centrist. he is doubling down as a progressive. that is where he is. if he is going on move to the center, maybe that happens later. he won't pretend to be at the center from the start. >> part of the reason he...
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Jan 22, 2013
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being all hung up about the debt and deficit. he didn't go on and on, even in his speech about the convention, he talked about a $4 trillion deal. if this is an indication of where he is going, we're done with it. >> i want to see what he says about the state of the union. this has to be jointly -- >> we'll have you back. >> thank you. >> no, this is an inauguration night. >> i promise original thoughts when we come back for it. >> don't start to reach into a future episode of this show. the comedy team of sam stein and ryan grim, thank you for joining us. >>> coming up, the president's call to broaden equality. going back to seneca and stonewall. joy reid will join me. [ mom ] a new game? that'll save the day. so will bounty select-a-size. it's the smaller powerful sheet. look! one select-a-size sheet of bounty is 50% more absorbent than a full size sheet of the leading ordinary brand. use less, with bounty select-a-size. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shoutin
being all hung up about the debt and deficit. he didn't go on and on, even in his speech about the convention, he talked about a $4 trillion deal. if this is an indication of where he is going, we're done with it. >> i want to see what he says about the state of the union. this has to be jointly -- >> we'll have you back. >> thank you. >> no, this is an inauguration night. >> i promise original thoughts when we come back for it. >> don't start to reach into a...
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Jan 22, 2013
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not deficit reduction, though that's a big issue, too. it's not immigration, though that's a big issue. it's not climate change right now, although it's a big issue. and i was struck today by how little he talked about that. it's not supposed to be a programmatic speech. >> rose: al hunt in a piece you wrote for bloomberg you said "whatever the political limitationss historians say obama needs to think big starting with his second inaugural address. he has a chance to explain where america ought to be in ten or 20 years said h.w. brand of texas. he can rise above everyday politics and speak to history. lincoln did in the 1865, f.d.r. in 1937, now it's obama's chance." did he do that? >> yeah, i think he did it pretty well. this wasn't lincoln 1865 but we haven't had one since. the closest was roosevelt 1937. we're not likely to see that, charlie. i thought he did what brand said he should do. i appreciate what mark is saying but i think this is not a programmatic speech. this is not a speech where you talk about here's my four-point jobs
not deficit reduction, though that's a big issue, too. it's not immigration, though that's a big issue. it's not climate change right now, although it's a big issue. and i was struck today by how little he talked about that. it's not supposed to be a programmatic speech. >> rose: al hunt in a piece you wrote for bloomberg you said "whatever the political limitationss historians say obama needs to think big starting with his second inaugural address. he has a chance to explain where...
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Jan 22, 2013
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being all hung up about the debt and deficit. he didn't go on and on, even in his speech about the convention, he talked about a $4 trillion deal. if this is an indication of where he is going, we're done with it. >> i want to see what he says about the state of the union. this has to be jointly -- >> we'll have you back. >> thank you. >> no, this is an inauguration night. >> i promise original thoughts when we come back for it. >> don't start to reach into a future episode of this show. the comedy team of sam stein and ryan grim, thank you for joining us. >>> coming up, the president's call to broaden equality. going back to seneca and stonewall. joy reid will join me. ♪ [ male announcer ] robitussin® liquid formula soothes your throat on contact and the active ingredient relieves your cough. robitussin®. don't suffer the coughequences™. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support yo
being all hung up about the debt and deficit. he didn't go on and on, even in his speech about the convention, he talked about a $4 trillion deal. if this is an indication of where he is going, we're done with it. >> i want to see what he says about the state of the union. this has to be jointly -- >> we'll have you back. >> thank you. >> no, this is an inauguration night. >> i promise original thoughts when we come back for it. >> don't start to reach into a...
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Jan 22, 2013
01/13
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i was expecting an one-sentence toss away like he dedicated to reducing the deficit. it was a whole paragraph and an impassioned plea for it. i was surprised to see it, and it was something that obama had his eye on not only whatever he plans, and we don't know what that is, but whatever he plans to address this problem but he's positioning himself historically. these are the speeches that people look back 50 years later what did obama say at this point in time and he wants to get on the record that climate change is a problem we must solve it. now he needs to match his action to his words. >> john: i have a few clips from the speech i want to get your comments on, quickly beforehand, one more question to you was this the big policy speech? did obama go lbg did he go fdr or soft mondale. >> i think he went soft mondale talking about the issues that he's concerned about. we'll get more specifics in the state of the union. but there was some jabbing to the republicans specifically regarding climate change. that's the kind of thing that causes heart burn for romney in th
i was expecting an one-sentence toss away like he dedicated to reducing the deficit. it was a whole paragraph and an impassioned plea for it. i was surprised to see it, and it was something that obama had his eye on not only whatever he plans, and we don't know what that is, but whatever he plans to address this problem but he's positioning himself historically. these are the speeches that people look back 50 years later what did obama say at this point in time and he wants to get on the record...
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Jan 21, 2013
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we must make the hard choices to reduce the chosts of health care and the size of our deficit. but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. [ cheers and applause ] for we remember the lessons of our past when twilight years were spent in poverty and parents of a child with a disability had nowhere to turn. we do not believe that in this country freedom is reserved for the lucky or happiness for the few. we recognize that no matter how responsibly we live our lives, any one of us at any time may face a job loss or a sudden illness or a home swept away in a terrible storm. the commitments we make to each other through medicare and medicaid and social security, these things do not zap our initiative, they strengthen us. [ applause ] they do not make us a nation of takers, they free us to take the risks that make this country great. [ cheers and applause ] we, the people, still believe that our obligations as americans are not just to ourselves but to all poste
we must make the hard choices to reduce the chosts of health care and the size of our deficit. but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. [ cheers and applause ] for we remember the lessons of our past when twilight years were spent in poverty and parents of a child with a disability had nowhere to turn. we do not believe that in this country freedom is reserved for the...
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Jan 21, 2013
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the debt, deficit, entitlement reform. immigration, foreign policy problems tend to be incredibly important in second terms as presidents realize, while they become lame ducks that advancing domestic agenda legislation is very difficult. we'll see the president likely travel more and deal with much of his international legacy. trying to wrap up his second term as best he can with so much unfinished foreign policy business he inhurted from bush administration. buckle up, jeff. not with standing the poet's kind words and the president's lofty rhetoric, washington tomorrow goes back into the being the political crawl city it has been in past years and likely to escalate more so. happy day, shep. shepard: happy day. at least we have today and men and women from both political parties, from the far right, far left and all of those in the middle, they're about to sit down for some individual tils. happy they are all are, dvittles. secretary lew and the rest for new cabinet sick tears all with fights ahead. we seen former preside
the debt, deficit, entitlement reform. immigration, foreign policy problems tend to be incredibly important in second terms as presidents realize, while they become lame ducks that advancing domestic agenda legislation is very difficult. we'll see the president likely travel more and deal with much of his international legacy. trying to wrap up his second term as best he can with so much unfinished foreign policy business he inhurted from bush administration. buckle up, jeff. not with standing...
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Jan 21, 2013
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the deficit ought to be reduced, not on the backs of seniors. the president clear about that today. even though we won't settle all those disputes, you know, next two or four years, that's no excuse for inaction. >> in terms of the outside game that you were just describing there, a thing to talk about throughout today's time to talk and we have been covering the official festivities is a decision by the campaign effort to turn itself in to from organizing for america in to organizing for action, a formalization of the campaign apparatus to be used during the president's time in office. not necessarily for the nexttin jaebd do agenda done. does that mean campaign style ads run against members of congress to try to persuade them to vote a certain way in congress and otherwise might not have voted without that ad? will that happen? >> well, i would just say stay tuned for what exactly we'll do. we'll be very aggressive and the decision made for us by the supporters. we did an exhaustive project after the campaign and asked them what they wanted to do and the answer very clear. they wa
the deficit ought to be reduced, not on the backs of seniors. the president clear about that today. even though we won't settle all those disputes, you know, next two or four years, that's no excuse for inaction. >> in terms of the outside game that you were just describing there, a thing to talk about throughout today's time to talk and we have been covering the official festivities is a decision by the campaign effort to turn itself in to from organizing for america in to organizing for...
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Jan 21, 2013
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deficit reduction and those looming spending cuts that are a part of the sequestration. so that's lot before the president. but as major has noted this is a speech today that's not about specifics, but setting the tone and trying in some ways to push the reset button. >> thank you very much. the president and the first family are back at the white house this morning, but they started their day right across the street from the white house at st. john's episcopal church where our wyatt andrews is standing by this morning. >> scott, good morning. every president since franklin roosevelt, that's 80 years, has begun inauguration day here at st. john's church. the president arrived early this morning with the first lady, daughters malia and sasha, and the family of vice president biden. they came to a 50-minute prayer service. attended also by about 600 members of the parish and congregation. they also got some news when they heard that their reverend will be giving the benediction. the previous one had withdrawn after he gave an anti-gay sermon 20 years ago. he began today wo
deficit reduction and those looming spending cuts that are a part of the sequestration. so that's lot before the president. but as major has noted this is a speech today that's not about specifics, but setting the tone and trying in some ways to push the reset button. >> thank you very much. the president and the first family are back at the white house this morning, but they started their day right across the street from the white house at st. john's episcopal church where our wyatt...
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Jan 21, 2013
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fixing the budget deficit, the federal budget was the most important to 13%. only 5% thought tax reform was important. and you may be looking at this poll and thinking, well, what happened to the war in afghanistan? well, there it is, it comes in at 4%, health care at 5% ending the war in afghanistan the most important priority for only 4% of the american people. but we should not ever forget that as we sit here today approximately 60,000 americans are fighting in afghanistan. the president is drawing those troops down but we have a long way to go yet in that war that is now more than ten years old. john dickerson our cbs news political director, he's down on the national mall, john, you see that 35% by far the largest majority of people in our poll think the president needs to be working on the economy. >> that's still the single most important issue for the president, much further down or much smaller percentage want them work on the deficit. really the deficit and getting the budget picture in order, ending these endless confrontations over the budget will
fixing the budget deficit, the federal budget was the most important to 13%. only 5% thought tax reform was important. and you may be looking at this poll and thinking, well, what happened to the war in afghanistan? well, there it is, it comes in at 4%, health care at 5% ending the war in afghanistan the most important priority for only 4% of the american people. but we should not ever forget that as we sit here today approximately 60,000 americans are fighting in afghanistan. the president is...
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Jan 21, 2013
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we have record deficits and debts. we still have relatively low economic growth. we have to get together to solve these problems. we can't do it alone. >> thank you, senator portman. always good to see you, sir. >> kelly, while you were talking to the senator, a great tetatet between bill clinton and paul ryan. former president clinton now talking to john dingle and paul ryan has moved over to a different group, including treasury secretary designate jack lew. this is one of the grat teat tableaus. >> the president would not hesitate to get into a meaty budget issue. but bill clinton warned democrats over the weekend, don't diminish the gun culture in this country. he wants to influence democratic thought some some of the big decisions that are made. >> and savannah, this is the day you can have these conversations. >> no doubt about it. if you're a political junky and you're watching right now, you probably fall into that category to some degree. it's a who's who, a mixing and mingling of these folks in washington who are so royceble. the only thing i can complai
we have record deficits and debts. we still have relatively low economic growth. we have to get together to solve these problems. we can't do it alone. >> thank you, senator portman. always good to see you, sir. >> kelly, while you were talking to the senator, a great tetatet between bill clinton and paul ryan. former president clinton now talking to john dingle and paul ryan has moved over to a different group, including treasury secretary designate jack lew. this is one of the...
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you can't solve the financial deficit until they solve the trust deficit. maybe it's hopeful idealism. but maybe they made a small down payment today. >> i with us also thinking as i was watching the president review the troops, and you heard leon panetta talk about the first lady and jill biden and how much they have done for their troops and their families. but i'm willing thinking coming into this next phase, this is going to be a president that could have some difficult relationships with generals. he has always been concerned about the generals and not being overtaken by them. and he has spoken an awful lot about that as presidents have to make their own decisions, not be led too much by the generals. i think the nomination of chuck hagel is somebody who was a sergeant, whom he believes comes at the pentagon from the view of the bottom of the ladder, not at the top of the ladder. and so i think you're going to have some real issues. >> general stanley mcchrystal wrote about that actually in his new book. he talked about the deficit of trust they had ea
you can't solve the financial deficit until they solve the trust deficit. maybe it's hopeful idealism. but maybe they made a small down payment today. >> i with us also thinking as i was watching the president review the troops, and you heard leon panetta talk about the first lady and jill biden and how much they have done for their troops and their families. but i'm willing thinking coming into this next phase, this is going to be a president that could have some difficult relationships...
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>> we've nearly closed our structural deficit in maryland. it's because of job creation. we've recovered now, thanks to president obama's tough but right decisions, we've recovered 80% of what we lost in the bush recession. you talk about the hyperinflation and medicare medicaid, that's what the affordable care act was about. that's why the president did that. >> but first of all, we're not going to be able to grow out of our problems that we're facing with medicare and medicaid. we're just not. the numbers show that -- >> you agree with that right? >> wait a minute. that cbo also says though that even the affordable care act is not going to stop the ticking demographic time bomb. >> but the common platform that we now have with the affordable care act, if the states step up allows us to bend down that cost curve so we can invest in education, can invest in making college more affordable, can invest -- >> i have to ask you this question because people have said you're talking about possibly thinking about running four years from now. you do understand that people are goin
>> we've nearly closed our structural deficit in maryland. it's because of job creation. we've recovered now, thanks to president obama's tough but right decisions, we've recovered 80% of what we lost in the bush recession. you talk about the hyperinflation and medicare medicaid, that's what the affordable care act was about. that's why the president did that. >> but first of all, we're not going to be able to grow out of our problems that we're facing with medicare and medicaid....
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Jan 19, 2013
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that is the deficit. you take the sum total of those annual deficits and enter oast on them and that creates the national debt which right now is about 16.4 and change trillion dollars. now, the u.s. treasury is empowered to borrow money to make up the shortfall between revenue and expenses, the deficit. but only up to a certain limit. that's the debt ceiling. treasury does not make decisions about how the money is spent. they are simply empowered in this case to write the checks to pay the bills that are already incurred by your democratically elected congress. now that we've hit the debt limit, exceeded it a little bit, the treasury has two options. they can fiddle around with $200 billion the way you would if you're a little short on your monthly bills, paying some now, refinancing a little bit. that would get us through mid-february to early march. once that stops working the treasury needs to rely on the cash it has on hand and the revenue that comes in each day from taxes. problem is there isn't alw
that is the deficit. you take the sum total of those annual deficits and enter oast on them and that creates the national debt which right now is about 16.4 and change trillion dollars. now, the u.s. treasury is empowered to borrow money to make up the shortfall between revenue and expenses, the deficit. but only up to a certain limit. that's the debt ceiling. treasury does not make decisions about how the money is spent. they are simply empowered in this case to write the checks to pay the...
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Jan 19, 2013
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real solutions to the debt limit and taxation of illegal drugs, at least marijuana will reduce the deficit, increase revenue, increase jobs. decrease crime in half. host: so what do you think about the strategy from house republicans? what do you think specifically on this as a strategy? caller: i think it's just a big joke. without new revenue. they know. they don't care that we're going down the tubes. they don't care about sese quest ration. now they are talking about the construction industry is going crazy. we need more cheap labor from third world countries. like that's going to help. host: ela is on our democrats line from charlotte, south carolina. you're on. what do you think about this proposal? caller: i think it's crazy. because the president is not going to go for it. he has already said that he wants a clean debt ceiling bill. not three months that we have to go through the same thing again. he wants it for a whole year. so i don't understand why the republicans are doing this. they know they are not going to get it. they are not going to get this, so this is wasting precious
real solutions to the debt limit and taxation of illegal drugs, at least marijuana will reduce the deficit, increase revenue, increase jobs. decrease crime in half. host: so what do you think about the strategy from house republicans? what do you think specifically on this as a strategy? caller: i think it's just a big joke. without new revenue. they know. they don't care that we're going down the tubes. they don't care about sese quest ration. now they are talking about the construction...
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republicans have taken a pledge, saying they will never raise a dollar in taxes no matter what the budget deficit looks like. he is not why they decided to put the whole u.s. economy at risk if they don't get their way on spending cuts. he is not why the white house partnered with gun legislation, no matter how small, is tantamount to taking away guns, he is not why extreme movements like extreme ideas like going back to a gold standard in the middle of an economic crisis have taken root on the right. this country needs and deserves a better republican party. and there are a lot of people in the republican right now who want a better republican party who are trying to push it there. those people, i think include key leaders in the party, like the house republican leaders this week who are trying to talk their members down from the ledge. they include folks like david brooks who in saying that republicans look deeply unreasonable, they are telling republicans you are being unreasonable. you need to move to the center. the structure of their argument a bit weird, but they're pushing in the right di
republicans have taken a pledge, saying they will never raise a dollar in taxes no matter what the budget deficit looks like. he is not why they decided to put the whole u.s. economy at risk if they don't get their way on spending cuts. he is not why the white house partnered with gun legislation, no matter how small, is tantamount to taking away guns, he is not why extreme movements like extreme ideas like going back to a gold standard in the middle of an economic crisis have taken root on the...
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, the average person thinks that we suddenly had a revenue shortfall and that's why we're running a deficit. they have no idea that we've got tons of revenue but that spending is at a ridiculous level now. 25% of gdp. it needs to get down to 17% of gdp. nobody has explained this to the public properly or convincingly. >> aunder your favorite presidet the debt has gone from roughly 10 trillion to 16 trillion. we just had the treasury numbers out yesterday. in fact, in the last year it went up again 1.3 trillion. now, this leaves an opening for the republicans. but i don't think they're smart enough to take it. and i agree with costa. actually, the president, who is a very clever political guy, they're letting him get off because he doesn't want to cut 13e7bding. mark is right. except smash the defense department. the rest of it, the entitlements, the discretionary, the little entitlements, he doesn't want to touch them. >> i don't know. was there a question in there? >> i think somewhere. somewhere there's a question. >> i don't know what to say. i guess spending is not what the democrats ru
, the average person thinks that we suddenly had a revenue shortfall and that's why we're running a deficit. they have no idea that we've got tons of revenue but that spending is at a ridiculous level now. 25% of gdp. it needs to get down to 17% of gdp. nobody has explained this to the public properly or convincingly. >> aunder your favorite presidet the debt has gone from roughly 10 trillion to 16 trillion. we just had the treasury numbers out yesterday. in fact, in the last year it went...
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leading republicans are saying without a budget that includes a real plan to reduce the deficit, the nation faces the threat of a credit downgrade. bret? >> bret: mike, thank you. sticking with the tet and deficit issues, lawmakers on both sides of the aisle are talking about what to do in a worse case scenario. the government not having enough money to pay its bills. chief political correspondent carl cameron reports on a possible short-term solution that is getting a long look by some people. >> with the white house refusing to negotiate spending cuts and the democrat controlled senate unlikely to pass a budget as part of a long-term deal to raise the tet ceiling, pat toomey of pennsylvania is reintroducing legislation he says will avert the u.s. from defaulting on the debt. >> we must prioritize three categories of payments. one would be debt service, interest on the debt so we would haven't default. a second would be social curt payment to seniors so they don't worry whether the check is coming or not. the third is pay for the active duty military personnel. >> the white house is
leading republicans are saying without a budget that includes a real plan to reduce the deficit, the nation faces the threat of a credit downgrade. bret? >> bret: mike, thank you. sticking with the tet and deficit issues, lawmakers on both sides of the aisle are talking about what to do in a worse case scenario. the government not having enough money to pay its bills. chief political correspondent carl cameron reports on a possible short-term solution that is getting a long look by some...
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then the risks accumulate and the federal reserve has been printing money to finance the government deficit, buying a lot of government bonds and at some point that is going to come apart and it might come apart, might come apart in a fashion that is rather like august of 2007 where things seem to be going smoothly and then all of a sudden it all falls apart and the question is do we have adequate contingency plans in place should that happen? >> right. >> i fear we do not. >> before we let you go, when these transcripts come out do they evoke any memories for you good or bad about these meetings? >> oh, well they evoke lots of memories. i haven't seen the transcripts of course. i look forward to reviewing it because that was my last full year in office. it was a wonderful experience to be there. i learned an awful lot. and certainly one of the things i reflect on is the various points that we missed that i missed and my colleagues missed. >> william poole, former st. louis fed president, thank you so much for your time. steve, thanks to you for sticking around. >> my pleasure. >> meantime
then the risks accumulate and the federal reserve has been printing money to finance the government deficit, buying a lot of government bonds and at some point that is going to come apart and it might come apart, might come apart in a fashion that is rather like august of 2007 where things seem to be going smoothly and then all of a sudden it all falls apart and the question is do we have adequate contingency plans in place should that happen? >> right. >> i fear we do not. >>...
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that's $1.3 trillion deficit. you know, if the republicans want to save their house majority, they'd better cut spending like there's no tomorrow. we'll have a little debate on our budget priorities next up. almost tastes like one of jack's cereals. fiber one. uh, forgot jack's cereal. [ jack ] what's for breakfast? um... try the number one! yeah, this is pretty good. [ male announcer ] over a third of aer. fiber one. >>> welcome back. >>> welcome back. house budget committee chairman paul ryan announced today that republicans are putting a short-term debt ceiling hike on the table. short-term debt ceiling hike. but here's what i'm not hearing and what we should be hearing is an unambiguous plan to splash spending now. republicans need an absolute rock solid plan to implement the sequester which is $1.2 trillion over the next ten years. this is essential. not just to unite the republican conference. but more importantly, it's essential to helping the economy grow more rapidly. and if the republicans don't get it d
that's $1.3 trillion deficit. you know, if the republicans want to save their house majority, they'd better cut spending like there's no tomorrow. we'll have a little debate on our budget priorities next up. almost tastes like one of jack's cereals. fiber one. uh, forgot jack's cereal. [ jack ] what's for breakfast? um... try the number one! yeah, this is pretty good. [ male announcer ] over a third of aer. fiber one. >>> welcome back. >>> welcome back. house budget committee...
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cutting the deficit. and oh, yeah, lowering unemployment. make no mistake about it. it's ambitious. but the president is entering his second term with a job approval among the highest since the early months of his presidency. his favorability rating has jumped nine point ins the last three months. at the very same time, the other side is fractured. destroying themselves. they're even threatening impeachment over the issue. we want all tools available to use including impeachment. >> could that build up to make a case for possible impeachment. >> all options should be on the table, undoubtly. >> and if that weren't enough, they're back. that's right, the birther brigade is stronger than ever. 64% of americans think president obama is hiding important information about his early life. 64%. no wonder the gop is going off the deep end. and no wonder the president is looking better than ever joining me now, jonathan kapart. thanks for coming on the show tonight. >> 64% is questioned about the president's early life. how do you explain that? well, look. 64% questioning the president's ear
cutting the deficit. and oh, yeah, lowering unemployment. make no mistake about it. it's ambitious. but the president is entering his second term with a job approval among the highest since the early months of his presidency. his favorability rating has jumped nine point ins the last three months. at the very same time, the other side is fractured. destroying themselves. they're even threatening impeachment over the issue. we want all tools available to use including impeachment. >> could...